planning. In a seminal paper [Leahy, J.V., 1993. Investment in Competitive Equilibrium: the Optimality of Myopic Behavior …. Quarterly Journal of Economics 108, 1105–1133] shows that the optimal investment strategy of a myopic planner who ignores market … general conditions. As a result, the calculation of optimal investment strategies is simplified considerably because …

options approach and the classical investment theory can predict farmers’ investment behaviors. We also examine differences in … the investment behavior with respect to the presence of a price floor, which is often used to stimulate investments … classical investment theory. The presence of a price floor and learning from personal experience during the experiment do not …

, and to what extent, the real options approach and the classical investment theory can predict farmers’ investment … classical investment theory. The presence of a price floor has a significant impact on the investment behavior of Ugandan …In this study, we experimentally analyze the investment behavior of smallholder farmers in Uganda. We ascertain whether …

choose to postpone (dis)investments that appear to be immediately profitable. We combine investment and disinvestment …, uncertainty arises from weather and climatic conditions. (Dis)investment in irrigation technology on farms has become more … investment and disinvestment behavior of farmers. In our study, we consider a simple optimal stopping (dis)investment problem in …

investments characterize decision problems hog production. Thus the real option approach is chosen to explain the inertia in … investment model is estimated. Formally, the model has the structure of an ordered probit model. This approach allows to test for …

investments characterize decision problems hog production. Thus the real option approach is chosen to explain the inertia in … investment model is estimated. Formally, the model has the structure of an ordered probit model. This approach allows to test for …

In the absence of formal financial markets, many poor households rely on risk sharing networks to protect themselves … against adverse events. In this paper we present a model that explains the impact of formal insurance on informal risk sharing … informal risk sharing and other-regarding preferences …